EPM delivers visibility of opportunities and challenges, understanding of the situation, followed by the ability to control.

Every organization has projects. Larger organizations have multiple departments each running their own projects. IT departments have application, software, hardware deployment projects, Sales and Marketing departments have product launches, market research and training projects, manufacturing departments have manufacturing projects, testing plans and research and development projects.

Initiatives within these groups are often disparately run, although all of them affect the well-being of the organization as a whole. But effectively managing these separate, concurrently-running projects to keep a department and/or an entire company healthy can be a daunting task. Even though each of these groups manage many of their activities as projects, many of them have different requirements for project management.

Companies need VISIBILITY, INSIGHT and CONTROL of project and resource data within a department and/or across the organization

• Visibility - of key projects and resource utilization throughout the organization.
  
  
• Insight - into how projects and resources align with strategic objectives and affect business performance.
  
  
• Control - of projects and resources as business and conditions change.

Key challenges:

Limited access to project information and inconsistent methods for tracking and reporting projects makes evaluating and prioritizing projects across functional groups and even within one department challenging for senior management.

• Prioritizing initiatives across the organization (or department)
• Knowing the status of the organization's top five initiatives. Will they be completed on time and within budget?
• Having the right people working on the right projects.
• Identifying if the organization has the skills and capacity within the organization to achieve long term goals.
• Effectively leverage enterprise knowledge and best practices across people and projects.